Once again $ETH facing rejection ... sellers are still active.
Ethereum failed to sustain the recovery near the 2,700–2,730 area and is now slipping back toward support. The recent rejection shows short-term downside pressure is still there.
The key level now is 2,630. If this support holds, ETH can attempt another recovery. If it breaks, the next downside area comes near 2,530.
For now:
– Trend: Short-term bearish
– Resistance: 2,700–2,730
– Key Support: 2,630
– Next Support: 2,530
– Focus: Wait for confirmation before heavy longs
ETH is still in a correction/retest phase. A stronger buy opportunity can form once sellers start losing momentum.
Trade on $ETH
Ethereum failed to sustain the recovery near the 2,700–2,730 area and is now slipping back toward support. The recent rejection shows short-term downside pressure is still there.
The key level now is 2,630. If this support holds, ETH can attempt another recovery. If it breaks, the next downside area comes near 2,530.
For now:
– Trend: Short-term bearish
– Resistance: 2,700–2,730
– Key Support: 2,630
– Next Support: 2,530
– Focus: Wait for confirmation before heavy longs
ETH is still in a correction/retest phase. A stronger buy opportunity can form once sellers start losing momentum.
Trade on $ETH
